2ND Edit: The Dev Team says the yellowsn0w Cydia package will be up as soon as the dev team member in charge of the repo fixes a file permission error. See update 3 on the dev team blog post

3rd Edit: If you do NOT have the 02.28.00 bootloader, and are going to want to unlock - do yourself a favor. Back up your stuff now, restore to a fresh 2.2 IN ITUNES, then use PwnageTool to make that a jailbroken 2.2 with 02.28.00 baseband (this guide). That way you won't have to when the unlock is released here shortly.

Now, that in binary translates to vtaber 61060174. What is that? A German blog surmises vtaber is most likely ROT13 code. EDIT: The German guys found that info from a comment on the Dev blog apparently... (hi, Germans ) In that case, the post would translate to IGNORE 61060174. Post 61060174 on the Dev Team blog said, in a nutshell, that you'd need to preserve your baseband at the 02.11.07 version (check Settings > General > About > Modem Firmware to find your baseband version) if you wanted a 3G software unlock on your iPhone.

Could the dev team be letting us know to ignore that part now? That the yellowsn0w release, coming up today, will work on the newer baseband as well?

A few hundred thousand 02.28.00 baseband users who would like to unlock their 3G iPhones sure hope so.